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Ref. code: 25605802043132RUA GLOBISH ACADEMIA FROM ONLINE ENGLISH SCHOOL TO LEARNING SOLUTIONBY MR. TAKARN ANANTHOTHAI AN INDEPENDENT STUDY SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION (GLOBAL ENTREPRENEURSHIP) INTERNATIONAL MASTER IN BUSINESS ADMINISTRATION FACULTY OF COMMERCE AND ACCOUNTANCY THAMMASAT UNIVERSITY ACADEMIC YEAR 2017 COPYRIGHT OF THAMMASAT UNIVERSITY
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  • Ref. code: 25605802043132RUA

    GLOBISH ACADEMIA

    “FROM ONLINE ENGLISH SCHOOL TO LEARNING

    SOLUTION”

    BY

    MR. TAKARN ANANTHOTHAI

    AN INDEPENDENT STUDY SUBMITTED IN PARTIAL

    FULFILLMENT OF THE REQUIREMENTS FOR

    THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION

    (GLOBAL ENTREPRENEURSHIP) INTERNATIONAL MASTER

    IN BUSINESS ADMINISTRATION

    FACULTY OF COMMERCE AND ACCOUNTANCY

    THAMMASAT UNIVERSITY

    ACADEMIC YEAR 2017

    COPYRIGHT OF THAMMASAT UNIVERSITY

  • Ref. code: 25605802043132RUA

    GLOBISH ACADEMIA

    “FROM ONLINE ENGLISH SCHOOL TO LEARNING

    SOLUTION”

    BY

    MR. TAKARN ANANTHOTHAI

    AN INDEPENDENT STUDY SUBMITTED IN PARTIAL

    FULFILLMENT OF THE REQUIREMENTS FOR

    THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION

    (GLOBAL ENTREPRENEURSHIP) INTERNATIONAL MASTER

    IN BUSINESS ADMINISTRATION

    FACULTY OF COMMERCE AND ACCOUNTANCY

    THAMMASAT UNIVERSITY

    ACADEMIC YEAR 2017

    COPYRIGHT OF THAMMASAT UNIVERSITY

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    Independent Study Title GLOBISH ACADEMIA

    “FROM ONLINE ENGLISH SCHOOL TO

    LEARNING SOLUTION”

    Author Mr. Takarn Ananthothai

    Degree Master of Business Administration

    (Global Entrepreneurship)

    Department/Faculty/University International Master in Business Administration

    Faculty of Commerce and Accountancy

    Thammasat University

    Independent Study Advisor Suthikorn Kingkaew, Ph. D

    Academic years 2017

    ABSTRACT

    Globish Academia was established in July 2014 based on a business model

    that was successful in Japan and Korea. Globish Academia is a provider of innovative

    online learning platform for English Language that can deliver highly relevant and

    effective lessons at a fraction of the price of traditional classes. Globish have been

    operating since mid 2015 and now have over 3,000 students on our platform and has

    grew the operating team to 26 people.

    The current product is an online one-on-one live class with foreign teachers

    and 24/7 customer service. Curriculum is developed in-house based on CEFR standard,

    and specifically designed to facilitate practical conversations in classes. Our curriculum

    is developed in-house based on Globish concept, a world- recognized curriculum of

    enough English.

    Keywords: Globish Academia, CEFR

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    ACKNOWLEDGEMENTS

    I would like to take this opportunity to express my deepest gratitude to my

    advisor, Dr. Suthikorn Kingkaew who supports me to improve and challenge myself to

    think differently and perform beyond my limitation. Also Khun Sophon

    Vijitmethavanich, my classmate and a brother. Without his mentoring, I will never

    improve my business mindset and business sense to the current stage. The advices and

    lessons I has learned from him shall carry me a long way in life journey.

    I also would like to take this opportunity to thank all IMBA teachers,

    officers and committees for a unique class that gives me real life experiences in order

    to prepare for what is to come after my graduation. Furthermore, special thanks to Khun

    Noey Chonticha for her flexibility, sincerity, and hard-working for encouraging me to

    graduate together with batch 12.

    Lastly, I would like to thank my parents, family and friends for all the

    support and idea sharing. Thank for always being there for me and give me an emotional

    support all the time. Your encouragement and care are significant part of my

    achievement.

    Mr. Takarn Ananthothai

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    TABLE OF CONTENTS

    Page

    ABSTRACT (1)

    ACKNOWLEDGEMENTS (2)

    LIST OF TABLES (6)

    LIST OF FIGURES (7)

    LIST OF ABBREVIATIONS (8)

    CHAPTER 1 COMPANY OVERVIEW 1

    1.1 Mission Statement 1

    1.2 Current Status 1

    1.3 Objectives 2

    CHAPTER 2 PRODUCT AND SERVICE 4

    2.1 Product Learning Goal 4

    2.2 Product Philosophy 4

    2.3 Feature 1: Online Class 5

    2.4 Feature 2: Online Course 7

    2.5 Feature 3: Online Coach 9

    CHAPTER 3 MARKET RESEARCH 11

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    3.1 Market Primary Research 11

    3.2 Market Secondary Research 15

    3.3 Competitor Analysis 19

    3.3.1 Topica Native 19

    3.3.2 Engoo 20

    3.3.3 EF English Live 23

    3.3.4 Wall Street English 24

    CHAPTER 4 BUSINESS ENVIRONMENT AND COMPANY ANALYSIS 28

    4.1 Company SWOT Analysis 28

    4.1.1 Strength 28

    4.1.2 Weakness 28

    4.1.3 Opportunities 29

    4.1.4 Threat 29

    4.2 Company Business Model Analysis 29

    4.2.1 Customer Segment 29

    4.2.2 Revenue Streams 30

    4.2.3 Channels 30

    4.2.4 Customer Relationships 31

    4.2.5 Key Activities 31

    4.2.6 Key Resoures 31

    4.2.7 Course Structure 32

    4.2.8 Key Partners 32

    4.3 Board Insight on Business Enviroment 32

    4.4 Board Insight on Internal Performance 34

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    CHAPTER 5 REFINED SCALING STRATEGY 36

    5.1 TOWS Analysis 36

    5.2 Product & Market Development Strategy 37

    5.2.1 Assessment 45

    5.2.2 Coach 45

    5.2.3 Executive Coach 45

    5.2.4 Virtual Group 46

    5.2.5 Focus 46

    5.2.6 Dashboard 46

    5.3 Platform Development Strategy 47

    5.3.1 First part of assessment 47

    5.3.2 Second part of assessment 49

    5.4 Social Impact Strategy 50

    CHAPTER 6 FINANCIAL PLAN 56

    6.1 Financial Projection 56

    6.1.1 Standard Projection 56

    6.1.2 Product and B2B Projection 56

    6.1.3 5-years Projection 57

    6.2 Key Assumption 57

    6.3 Investor Offering 58

    CHAPTER 7 MANAGEMENT 60

    7.1 Organizational Structure 60

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    7.2 Management Team 60

    CHAPTER 8 APPENDICES 65

    8.1 Annual Newsletter 62

    8.2 Balance SheetIncome Statement 64

    8.3 Income Statement 65

    8.4 Cash Flow 66

    8.5 Sample of Product/Services 67

    REFERENCES 71

    BIOGRAPHY 72

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    LIST OF TABLES

    Tables Page

    2.1 The differences between WebRTC and Publish/Subscribe messaging 6

    3.1 Reasons of purchasing 13

    3.2 The differences between group and private classes at EF 24

    3.3 Wall Street English’s MULTIMETHOD 25

    5.1 TOWS Analysis 36

    5.2 Ideal stages of customize industries 38

    5.3 Standard Course 42

    5.4 Professional Course 43

    5.5 First part of assessment 48

    5.6 Second part of assessment 49

    5.7 Expected budget spending 51

    5.8 Timeline of one year plan and processes 53

    5.9 Phase of learning process 55

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    LIST OF FIGURES

    Figures Page

    3.1 Female Age Analysis 11

    3.2 Male Age Analysis 12

    3.3 The market share of online English institution in Thailand 12

    3.4 TOEFL score comparison 16

    3.5 Topica Native’s learning method 20

    3.6 Example of lesson Engoo provide 21

    3.7 Example of material by topic of Engoo 22

    3.8 The comparison between Globish Academia & its competitiors 27

    5.1 Pipeline of ten months program 52

    6.1 Example of Standard Projection 56

    6.2 Example of Product and B2B Projection 56

    6.3 5-years Projection 57

    7.1 Globish Academia Organization Structure 60

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    LIST OF ABBREVIATIONS

    Symbols/Abbreviations Terms

    USD United State Dollars

    THB Thai Baht

    CAC Customer Aqusition Cost

    UX User Experience

    UI User Interface

    WebRTC Web-Real Time Communications

    AI Artificial Intelligence

    IPO Initial Public Offering

    CEFR The Common European Framework of

    Reference forlanguages

    B2B Business to Business

    B2C Business to Customer

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    CHAPTER 1

    COMPANY OVERVIEW

    1.1 Mission Statement

    Company mission statement is “For those who pursue to speak English can

    speak English”. At Globish Academia, it pursues to be a solution for practical spoken

    English for career improvement by overcoming traditional limitations such as high cost

    of foreign teachers, large classroom size, and time-related constraints through the use

    of technology. Globish Academia is operating in Thailand and just recently have

    expanded to Indonesia.

    1.2 Current Status

    Started at July 2014, Globish Academia has made differences to over 2,000

    students in the past 2 years. In 2016 the company’s "monthly revenue" have reached the

    30,000 USD milestone at an average of 17.4% month-on-month income growth,

    reflecting in positive cash flow. Globish Academia is spending on average around

    1,900THB on CAC (Customer Acquisition Cost) against average sales ticket of 11,000

    THB. Students are taking 2.8 classes per week on average with 17.2% course re-purchase.

    2017 is the year of discovery. Heading to the Year of Innovation, Globish Academia

    aims to be well-perceived as the top English Learning Innovator for Better Career. The

    product will be more advanced in terms of personalization, comprehensiveness, and

    relevance to corporate purposes. Students’ career success is their goal. Globish

    Academia will focus on the effectiveness of learning outcome in real life rather than

    through test scores.

    The company still in product-market fit stage discovery. The business model

    has been mostly discovered. Globish Academia found the need from retail

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    market and the validation of its product has been done to serve them. Its growth and

    operation system have been stable after numerous trials and errors. The strengths of the

    company are in tele-selling, increasing purchase size, recruiting, social media

    optimization, and public relations. Most of the time it came from adapting from its

    competitor. However, these are key crucial observation that seek to be strategized upon.

    Revenue has been growing constantly without clear pattern or plan. Globish

    Academia has a great community engagement in Facebook and good control in

    customer acquisition cost. Company optimize its lead generation campaign according

    to the Facebook profile of users whom applied in previous month. But they never have

    plan and rather shoot their engagement post and sale promotion according to sales

    insight, seasonal trend, and media exposure from public relation. Globish Academia

    focused on minimizing marketing spending to get the monthly result from the given

    data, rather experimenting new products, key audience, or campaign. Therefore, the

    result has been varied with no clear measurement of success in each campaign or each

    month. Now they do not yet see who are their key customer and the key reason they buy

    their product. Lack of tool in website conversion monitoring gave them disadvantage in

    studying previous UX/UI behavior (User Experience/User Interface).

    1.3 Objective

    Globish Academia ’s impact objectives are built upon crucial problems

    solve following;

    ● Education is irrelevant to labor market and human creativity.

    ● Public sector cannot scale and adopt new technology fast enough to

    escape middle-income trap economy.

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    Thread of robotics and sign of skill mismatch forecast worse

    unemployment and social gap rate.

    Therefore, Globish Academia’s objectives are

    ● Develop student to acquire a skill that is mismatch in the market

    ● Develop platform to scale or help company achieve goal

    ● Develop leader that solve social problems

    In terms of financial objective, Globish Academia aims to be the online

    English school with the largest market capitalization in South East Asia. In 2016, total

    revenue were 6 million baht with 17% month on month growth. This year 2017, Globish

    Academia is looking to raise another round of funding at 15 to 20 million baht from

    Venture Capital Firms. Spendings of the fund will be used accordingly, 40% for

    operation cost, 25% for marketing and sales, 11% for sales and customer service team

    expansion, 6% for product and technology development, and the rest is a buffer. With

    funding, Globish Academia has forecasted this year total revenue would be 20 million

    baht with an average of 1.8 million baht monthly revenue. At this rate of sales growth,

    breakeven will be around mid 2018.

    Besides expanding sales and customer service team, next step in into the

    project is to continue to develop products and services to be more effective and efficient.

    Apart from improving the current core aspects of product which are the booking system

    and video conference platform, courses and curriculum, and customer service Globish

    Academia aims to offer a more variety of courses, add more materials that will help

    students learn to speak and communicate better Gamification is another element

    Globish Academia will use to motivate students for their learning outcome.

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    CHAPTER 2

    PRODUCT AND SERVICE

    2.1 Product Learning Goal

    The company’s main goal is for students to at least be able to communicate

    fluently (CEFR B1 Level) in English rather than being able to speak grammatically

    correct English. From an extensive research on ways to speak English fluently and how

    Thai students have been learning English for over 12 years of schooling, The company

    believe that in order for students to reach B1 fluency, or to be able to communicate

    effectively in English, grammar should never be a concern in the early stages. Grammar

    is indeed important in speaking English. However, knowing all grammar rules does not

    allow students to speak, as proven by Thai educational system, which focuses only on

    grammar rules and sentence structures. Students only require basic vocabulary and

    minimal grammatical structures in order to start talking right away. Grammar is to be

    delivered only implicitly by correcting their sentences or giving them more natural

    ways of delivering the same meaning. Only once students hit the B1 level where they

    can communicate on topics and situations occurring in daily life such as school, leisure,

    work, and travel can then they can go deeper into grammar.

    2.2 Product Philosophy

    The definition of product includes more than just lesson materials but also

    covers supplemental content such as vocabulary, articles, videos, and services that The

    company will provide for the best experience in practicing English and learning

    convenience.

    The curriculum will be focused on coach as a Coach (not as a teacher). The

    company will emphasize to the student that its coaches are someone to guide them on

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    how to communicate in English rather than being seen as just a teacher who gives

    lectures and checks understanding.

    Active Learning Students must be encouraged to speak at all times even if

    he/she is just putting words together to convey what he/she has in mind. Lessons will be

    designed for students to read, speak, come up with their own responses to different

    situations, and discuss on various topics. Furthermore, content that should be delivered

    in a lecture-based method will be minimized.

    Confidence is KEY. Confidence allows students to speak in class, make

    mistakes, and learn by being corrected by his/her coach. Supplement materials will

    developed and provided to deliver higher confidence in speaking.

    Enough English The goal is to be able to communicate effectively, NOT to

    speak perfect English. Coaches should emphasize on simple yet effective

    communication rather than grammatically correct, and sophisticated sentences. Lessons

    will be designed using common words and phrases, and emphasize on natural spoken

    English. Responses in role-plays will be spoken English and may not always be a fully

    grammatically correct sentence.

    Situational Based - Lessons will be situational-based (for higher level

    courses) in order to expand practical English competency rather than academically

    English competency.

    2.3 Feature 1: Online Class

    Globish Academia want to shift the mindset of traditional and boring

    lecture-based English classroom to a fun, interactive, and practical classroom. Coach is

    a language partner, helping students to practice speaking according to situations and

    topics according to lesson materials. The key is to make students feel comfortable in the

    class as they have fun talking and discussing topics with you. The more student talks,

    the more they get used to forming sentences and thinking in English

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    As online class system run on browser without any installation, the

    company use WebRTC or Web-Real Time Communications. WebRTC allows the

    system to operate on the user’s web browser without the need of application

    installations. In order for a video conference to occur, a server will help set up

    handshaking to establish the connection between two clients (users). After a connection

    has been established, the two clients can communicate by sending video and audio in a

    peer to peer model. The server will not be able to audit the data sent between the two

    clients.

    As for other features such text chat, slides, and whiteboard,

    publish/subscribe model is a model that will be setup for clients to exchange data. The

    central messaging server is a role that is responsible for relaying all messages between

    different users of the company application. For example, if the instructor type a text

    message to everyone in the class, the data will be “published” to the central messaging

    server. Then all the students who are subscribed to this channel will receive instructor’s

    text message. Unlike the WebRTC, is never a peer-to-peer connection made here as there

    is only an exchange of data with no video or audio component to it. Below is the

    differences between WebRTC and Publish/ Subscribe messaging:

    Table 2.1 The differences between WebRTC and Publish/ Subscribe messaging

    WebRTC (Web-Real Time communication) Publish/Subscribe messaging

    ● Peer to Peer (after initial

    handshaking)

    ● Encrypted

    ● Can pass video, audio, or data

    ● Uses an central messaging

    server to relay all messages

    between publishers and

    subscriber.

    ● Not encrypted by default

    ● Can pass text data typically

    ● Scalable

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    2. 4 Feature 2: Online Course

    At Globish, the company believe in communicating in English rather than

    speaking correct English and this is why Globish Academia puts the focus on

    developing courses aiming to facilitate as much talking as possible instead of a lecture-

    style classroom where student have to listen most of the time. As the company pursue

    to offer practical English for career improvement, it is necessary that Globish have a

    variety of courses designed to all sort of jobs.

    All Globish courses have been designed to be 12 lessons/month because in

    this way students will have to take at least 3 classes/week. The ideal length of a course

    is 24-48 lessons long depending on the content difficulty and necessity.

    To draft an outline of a Globish course, the company takes these points in

    consideration:

    1. Course objective

    a. Customer usage

    b. Language level

    2. Number of lessons

    a. Content availability

    b. Content necessity (repetitiveness)

    c. Lesson format

    3. Lesson orders

    a. Module grouping

    b. Chronological v.s. logical order (difficulty)

    4. Storyline

    a. Storyline continuity

    b. Storyline and characters connectivity

    As mentioned above, a lesson is designed to facilitate as much practical

    conversation as possible. The basics of a lesson includes objective, main lesson or

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    roleplay as an example or explanation to students, then challenges (exercise) that

    provide scenario context to facilitate a conversation.

    There are currently 5 types of Globish lessons:

    1. Freetalking-based lesson

    This type of lesson is a freetalk with a specific topic such as

    introduce yourself, present your company, etc. It is used for a simple lesson that does

    not need any content or scenario context. See lesson 1-2.

    2. Lecture-based lesson

    This type of lesson contains general why and how-to content that

    can be applied and use in many situations. The lesson contains a Main Lesson section

    of content and followed by 4 challenges which the first three are given scenario context

    and the fourth is to promote student-coach relationship. See lesson 3, 8-9, 13-15, 20-21,

    25-26 (In the Hotel English Course, lectured-based lessons were designed to be used for

    restaurants and airlines courses as well).

    3. Roleplay-based lesson

    This type of lesson contains roleplays as examples and followed by

    3 challenges with different scenarios.

    4. Challenge-based lesson

    This type of lesson contains “The Setting” section where it gives a

    brief setting of a scenario for that lesson and followed by 5 challenges with different

    scenario context or set of information depending on how the lesson is designed.

    5. Full-practice challenge lesson

    This type of lesson contains no informational content or examples.

    It only contains challenges from each modules of the course arranged in its own

    storyline for the student to practice the whole thing in one lesson.

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    Main content section can be either Main Lesson in a lecture-based lesson,

    Roleplay in a roleplay-based lesson, or The Setting in a challenge-based lesson. The

    objective of this section is to provide input for students so they understand how they

    could achieve the lesson objective, and do challenges.

    The objective of Challenge Section is to get students to speak what they

    suppose to be able to speak in that particular lesson, not just to check understanding (a

    good challenge should ask students to do something rather than just ask a question for

    an answer). In order to facilitate a conversation from both side, there should be different

    sets of information between student and coach so they must communicate to co-achieve

    an objective. Information provided should be enough that it allows a lengthy and

    detailed conversation but leave enough room for spontaneity, creativity, and

    improvisation.

    The “Vocabulary” section is provided in order to help students improve

    faster. Students may know what they want to say, but they may lack of the vocabularies

    to do so. By providing them those essential vocabularies, it allow students to respond

    appropriately. Student can think of a conversation of challenges, then decided which

    vocabulary should be provided.

    The “For Next Class” section is to let student know what they will learn in

    the next lesson. The objective is to generate curiosity which is why it ends in a question.

    By doing so, it also encourages the more proactive students to be more prepared for

    next lessons.

    2.5 Feature 3: Online Coach

    The coach’s mindset is aligned with the Globish Learning Philosophy;

    coaches are here to help students improve by guiding and not lecturing. Company’s

    coaches focus on lesson objective and ensure students get to use English accordingly

    as the focus is not academic competency but practicality to students’ daily usage.

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    Moreover, coaches are aware of class timing, how a lesson fits with other

    lessons, and give relevant contexts and examples. The keys is to build good relationship

    while teaching and enable to encouraging, giving positive and constructive feedback,

    using personal examples, being mindful of letting students speak, and stepping in when

    necessary to avoid long silences that will pressure students. Here are the traits of

    company’s coaches.

    ● Fun: The coach deliver lessons in an engaging environment. Fun and

    active classes will get students to feel more comfortable and talk

    more. The more students talk, the faster they will reach good fluency.

    ● Facilitating: The coach facilitate lessons instead of teaching.

    Facilitating means asking questions and getting students to talk.

    Student talks more than listen and coach listen and correct students

    mistakes.

    ● Personalizing: As different students are motivated differently, their

    coaches should understand those differences, then apply and adjust

    their teaching style to meet with the student’s behaviors.

    Currently, the company has around 20 coaches from the Philippines and

    Serbia. Each of them required to have either more than a year online teaching experience

    or hold a teaching certificate. They have compensated monthly from the accumulated

    classes they have taught in a month. The average rate we compensated per class is

    around 2 to 3 US dollars. The company uses Paypal to transfer the compensation in the

    end of every month.

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    CHAPTER 3

    MARKET RESEARCH

    3.1 Market Primary Research

    The survey has conducted as a necessary tool to help company understand

    the customer’s viewpoints and enable to come up with both of market plans and

    effective strategies. Company analyzed customer behavior from approximately 110

    student in other institutions, it was shown that the average age of customer based are at

    minimum of 18 to the maximum of 42, in which two-third of them was female and the

    rest was male. Nearly two-fifth of overall student was the female ages between 23 to 27,

    which were considered as the highest group among others. While the highest number of

    the male students are consisted of two age groups which are 18 to 22 and 23 to 27 and

    each group carried approximately 27 percent.

    Figure 3.1 Female Age Analysis

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    Figure 3.2 Male Age Analysis

    To investigate the brand awareness of Globish Academia, the company

    made the comparison of four digital English institutions by using Facebook Like as a

    tool to indicate on how people perceive each brand. The graph below demonstrates the

    brand awareness plus the market share of online English Institution in Thailand. The

    red color at 43 percent was represented the Topica Native, followed by the orange color

    at 41.9 percent was belonged to Globish Academia, whereas English4speak was ranked

    at third place with blue color at percentage of 11.6 and purple color of Engoo at 3.5

    percent respectively.

    Figure 3.3 The market share of online English institution in Thailand

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    Based on the data analysis, it also appeared that students are most likely to

    study on the average of 13 times in which it was matched with Globish Academia’s

    course of 12 times per month. In addition, the average sale per head was 2192.33 THB

    whereas Globish Academia’s course of 12 times will offer charged at 2,220 THB. Top

    Five group categories of students are businessman/women, university students, office

    learners, engineer, and merchant respectively.

    The survey particularly focuses on the customer’s purchasing behavior

    upon the Globish Academia courses. The results showed that there are three main group

    of students who decided to study with Globish Academia as mentioned in below table.

    Table 3.1 Reasons of purchasing

    Decision made Description

    Courses concept This group of customer is appreciated with the Globish’s

    academia course outline, concept, flexibility and

    accessibility of learning online English. Further, the

    reasonable price and friendly coaches are the other main

    factors that students are willing to study at Globish.

    Price Comparison This group of customer has compared the price between

    Globish Academia and other online English institutions.

    Due to the reasonable price offered and 24/7 accessibility

    of online classes, these are the gain point that students have

    chosen Globish Academia as a first priority.

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    Marketing campaign This group of customer would make decision later for 2 to

    3 weeks after they have observation the courses outline.

    One of the main reason that students were chosen because

    of the effective marketing campaign such as promotion and

    brand reputation. Most of the students in this group were

    categorized as university students from the age of 18 to 22

    whereas they need the confirmation from parents.

    To be more precise, most of students that would like to take an online

    English learning because they see the beneficial and potential of English language.

    Some students have to improve their English skills in order to compete with other

    candidates in working environment, while some students need to develop their speaking

    to some certain levels within a short period of time. Therefore, students who study at

    Globish Academia will be more focusing on the speaking English for work and applied

    it in daily life usage, following by grammar and vocabulary in later on.

    According to The Competitiveness among English Institution (2013), since

    the AEC integration, there is higher competitive in both digital English institution and

    among learners. Therefore, the each of institutions have to come up with new strategy

    such as attractive course outline and productive promotion in order to compete in this

    market. On the other hand, it is necessary for learners to improve their English

    proficiency as a way to remain the competitiveness in the working environment and

    enable to communicate with other learners who come from AEC countries. With all

    these reasons, it can support that Globish Academia has to provide the appliance course

    content as well as effective marketing to capture larger groups of customers in this

    competitive market.

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    3.2 Market Secondary Research

    Talking about the quality of Thai education system, vast majority of people

    seem to believe that it has been failed especially in English language that normal Thai

    students have to study since their first grade. The failure has revealed when people saw

    the outcomes from both of the fearsome of using English in daily life and a low score

    performances. According to Keawmala, the writer of Thai Education Failures which

    published on Asian Correspondent, people who spend their time in Thailand for a while

    can easily notice that general Thais fear of speaking English in daily life. Many of

    service learners, shop assistants, or even office staffs who are university graduated can

    be seen struggling to find someone else in order to help them assist foreigners.

    It is even more concern when this problem happened with the former Thai

    prime minister Yingluck at her first meeting with Hillary Clinton in November 2011.

    The meeting were lost because of Yingluck’s English state. Another considerable point

    is about an under average score performance. Based on the report, Thailand ranked

    116th out of 163 countries on TOEFL or Test of English as a Foreign Language.

    Thailand were classified as middle-income country, and one cannot deny that Thailand’s

    TOEFL score is very poor. The average total score of students in Thailand in 2010 was

    at 75, which was below the average of international level of 80. The scores for speaking,

    listening, reading, and writing were all below average. In fact, the English proficiency

    level among the general population in Thailand is far worse than what is reflected in

    Thailand’s TOEFL scores (Keawmala, 2012). The figure below is provided to

    demonstrate the comparison of TOEFL score among the Asian countries.

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    Figure 3.4 TOEFL score comparison

    It has been prove that Thailand education system fail because 12 years of

    study English at school did not develop enough English skills and proficiency to Thais’

    students as it suppose to be. Globish Academia services can eliminate the above

    customer pain points as the company has advanced technology and understanding in

    terms of customers’ needs. The company own the program named Artificial Intelligence,

    it significantly benefits Globish as the company will understand customer needs better

    through this method. Artificial Intelligence or AI is the program which is designed to

    measure all the different levels of English skill. The assessment includes Confidence

    Fluency, Listening, Speaking, Speech and Pronunciation,

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    Grammar, Vocabulary, and Sentences and Phrases. Therefore, the company will

    understand which areas student was lack of, so Globish can offer the effective and

    efficient course for students in order to pull out the highest capability of each student.

    Globish has been complimented on how the company turn those 25 minutes in each

    class into the best learning experience. The reliability also take place when all of the

    coaches from Globish have teaching certificate. Within one course, the students have

    seen their obvious progress from the AI assessment.

    Many people have concerned about the readiness of the Thai workforce

    joining the AEC integration due to Thai learners are still in the group of “very low

    proficiency’’ in English language (Nguyen, n.d.). According to Nancy Huyen Nguyen,

    the researcher from the university of the Thai Chamber of Commerce, an enterprise

    survey of World Bank that took place in 2006 revealed that slightly more than one third

    of professional learners were categorized as poor and around 10 percent were classified

    as very poor in their English language proficiency. As well as Jobstreet.com, one of the

    reliable site on Internet Recruitment in Asia Pacific has processed the assessment called

    JobStreet.com English Language Assessment (JELA) in order to investigated the

    English proficiency on Asia workforces. Up to 1.5 Million learners from Singapore,

    Philippines, Malaysia, Indonesia and Thailand, engaged in this assessment. Randomly

    40 questions out of 1000 from JELA has been tested for all levels of learners from the

    junior level and senior executives to managers and senior managers. Thai learners got

    55% in which it is ranked as the lowest in English skills among counterparts in ASEAN.

    With the same assessment, Singapore has the highest score at 81 percent, followed by

    Filipinos at 73 percent, Malaysians at 72 percent and Indonesians at 59 percent

    respectively. In addition, Thai learners who worked in manufacturing sector got only

    the average of 17 percent.

    The company saw the customer pain point from problem mentioned above,

    those Thai learners will need to improve their English skills, so they will be able to

    compete with others who have higher English proficiency. As one of the AEC

    integration purposes is to facilitate the movement of skills, capital, investments,

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    goods, and services. Based on the AEC Mutual Recognition Agreement (MRA), eight

    career industries will be allow to work freely within ASEAN countries which are

    engineer, architecture, explorer, accountant, nurse, dentist, doctor, and tourism industry.

    In other word, it means that each company will have bigger pool for the candidates they

    choose to work for them, whereas competition in ASEAN workforce market will be

    very high too. As a result, Globish perceives this circumstance as opportunities to grow

    and expand to the new market. People from nine more countries could be the customer

    of the company because each of them want to improve their competitiveness on English

    skills in order to meet their job criterias they want to apply. According to uAsean, there

    will be an average of 20 percent increase in the number of student who study foreign

    language each year, while the market value of language institution will be increase of

    22 percent annually (High Competitiveness among AEC,n.d.).

    Since the AEC began, there are significantly high competitiveness among

    English institutions as each company spot the language gap that each people need to

    improve to be able to communicate when they have to work together. The criterias of

    English institution that students and learners willing to study with have to be flexible

    and accessible. To clarify, the schools should offer the course with the flexibility of time

    because each of student has different daily schedule. For accessibility, it includes the

    convenience as it could take the class online and in term of price that it should be

    affordable. Students are less likely to focus on the reputation of the institution. Globish

    Academia has came up with strategies and methodologies to catch the trustiness from

    those students and learners. By having the efficiency assessment named Artificial

    Intelligence, it significantly benefits Globish as the company understand customer

    needs better through this method. Therefore, It will be easier for Globish to know which

    area of improvement each student is needed and the company will be able to capture

    new customers in this competitive market.

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    3.3 Competitor Analysis

    3.3.1 Topica Native

    Topica Native is an online English school that applied the

    advancement of technology as a tool for English education with the reputation of

    number one leader of e-learning in Southeast Asia. It was found in Vietnam and then

    partnered with the company in Thailand, Philippine, Indonesia and Singapore

    respectively. There are more than 200 native teachers from Europe, Australia, and USA

    with different accents to support student. Everyday from 8 A.M. to 24 P.M., Topica

    Native opens the group-online classes and offers several courses based on student’s

    English skills and period that they would like to take by initially starts at 30 days to the

    maximum of 720 days. Course fee will be charged according to the trail that students

    choose, the longer period of times, the higher of course fee.

    The company mainly focuses on communication skills by encourage

    students to speak English on a daily basis upon the topics that related on life and work.

    Topica Native has changed a learning method from traditional (L.I.P.E), that designed

    students to begin with theory lesson (Lecture), following by discussion with classmates

    (Interactive), then practicing with teachers (Practice) and test (Exam) to the advancement

    method in which they called P.I.E.L.E (Practice, Interaction, Evaluation, Lecture, Exam).

    From the beginning, students will practice English speaking with native teachers even

    they still incomprehensive understand of theory, following by exchange and discuss

    with tutors in which they can help students correct all the mistakes, further evaluate

    student’s performance on points of vocabulary, grammar and pronunciation. Finally,

    they will be taken the lecture and re-evaluated on student’s English skills.

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    Figure 3.5 Topica Native’s learning method

    Topica Native gets the both sides respond from students. According to the

    Topica Native’s website, 300 out of 1000 students are increasing their speaking scores

    and up to 77% of them are more confident to communicate with foreigners. With the

    good reputation, this might be the reason that Topica Native has rapidly expanded its

    base company to many countries in Southeast Asia. However, some of the students have

    complained on the service provided after they took the course. Most of the

    dissatisfaction comments are teachers failed to start the class on time. Regarding to what

    they have paid for the high cost of fee, students are expected to get full services from

    learning at Topica Native.

    3.3.2 Engoo

    Engoo is an online English school that was established since

    December 2013 in Japan. The company have the biggest growth in Japan when

    compared to others school in the same market, more than 200,000 students have chosen

    Engoo as their online English school. Engoo is now offering professional English

    courses in Spain, Italy, Turkey, Russia, Brazil, Mexico, Korea, Taiwan, Indonesia,

    Vietnam, Thailand and China. Engoo believes that an educational environment is very

    important for learning English, and perhaps one of the best and fastest ways to improve

    your English skills is through communication.

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    Engoo offers learning plan vary from 1, 3 and 6-month plans as the company believe

    that it will give such an optimized result for each student. The fee in each trial depends

    on how many class or lesson per day student want, ranging from one to three lessons

    per day. The company also provides the free trial for two lessons as the guidance for

    new students as the figure below. The pattern for the courses offer will also be the same

    for 3 and 6-month plan.

    Figure 3.6 Example of lesson Engoo provide

    Engoo lessons were divided into 4 levels which are Entry, Beginner,

    Intermediate, and Advanced level in order to decide which class is the most suitable for

    the English level each student currently has and ready to further improve. Moreover,

    Engoo provides materials by topic as their lessons too, so student can choose the course

    that fit with their needs of usage. In addition to above point, 10 materials by topics are

    also offered from the company to support on what students are interested in.

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    Figure 3.7 Example of material by topic of Engoo

    Engoo got such a great feedback on social media, its website and popular

    web board in Thailand like Pantip. Many of Engoo’s current students have agreed on

    several positive points on why they have choose Engoo. The most important advantages

    they could get is that Engoo provides two free lessons for them to try before they have

    to actually pay, this allow them to make decision whether they like Engoo lessons and

    how Engoo operate or not. How their teachers collected on their misspoken words is

    another points students were talking about. Students said that teachers always type that

    certain word for them in a chat box and try to collect on their pronunciations. Engoo has

    emphasized on the lesson environment follow the company vision, students are much

    enjoy the class as they said it is relax and the teachers are very friendly.

    However, dissatisfaction comments also appear in order to ask for what is

    better. Most students complained about the continuous of lesson. Because students have

    to book their class as their preferent time in each day, so it less likely to ba same teacher

    teaching them on each day. This is the main reason why the lessons are vary and less

    likely to continue from previous class as it suppose to be. Some also concerns on the

    point that Engoo has less native English speaker teachers because most of the teacher

    they have met were Philippines. One drawback student were discussed is about how the

    class can not count as a cumulative. To demonstrate, sometimes

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    students cannot manage time to have the lesson everyday, Engoo deduct the lessons

    they have left everyday even if they miss. As a result, students want Engoo to provide

    cumulative or more flexible courses for them.

    3.3.3 EF English Live

    EF English Live is another online English school which it was found

    in Switzerland during 1996 and having been the first of 7 days 24 hours online English

    course. For nearly two decades, company has high reputation and being supported by

    world class team of academic for more than 2,000 certified online English teachers.

    Company’s mission is to use technology as a tools to create a fundamentally way to

    learn English and enable to use English language in daily life such as traveling or

    working environment. Further, the company has claimed that they have been helped

    more than 20 million people across the world to success the online English class by

    providing with the international standards of Common European Framework of

    Reference (CEFR) for English levels A1 to C2.

    The company sees the opportunity of learning English as a good

    investment, therefore, over $80 million has been invested in research and development

    to ensure the quality and standard of online English learning method. The company

    comes up with the 2 major plans for studying which are “Self-Directed” that can access

    24/7 to courseware and group conversation classes whereas “Teacher-Led” in which it

    has all the same features in self-directed unless teacher-led offers private one-to-one

    classes.

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    Table 3.3. The differences between group and private class at EF

    Group Classes Private Classes

    ● 45-minutes of teacher-led English

    conversation

    ● Different, useful class topics

    daily

    ● Small class size: 4-5 students on

    average

    ● Classes available every 30

    minutes, 24/7. No need to book.

    ● A 40-minute class tailored to

    your individual goals

    ● Undivided attention and instant

    feedback

    ● The supportive teacher of your

    choice

    ● Classes available at any time

    with 24-hour advanced booking

    Apart from live conversation classes, EF English Live also offers the

    specialised English course for specific goals. These English courses will teach on

    specialised language for real-life situations according to student’s requirement.

    Company provides Business English, TOEFL Preparation, TOEIC Preparation, Job

    Specific English, Travel English, and General English respectively.

    Students that have been studied with EF English Live stated that the courses

    fee is overpricing. However, they are appreciated with the result since they studied with

    the academic teachers who also teach at well-known university. Further, EF English

    Live also support all the feature of English skills not only the communication. Most

    students stated that it is good to study online and learning on writing, grammar plus

    speaking skills through EF English Live’s courses.

    3.3.4 Wall Street English

    Wall Street English is the premier provider of English language

    instruction for individuals and corporate clients around the world. Wall Street English

    is a local company and a global company. It is a part of PEARSON, the world's largest

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    education company. Wall Street English operates in Thailand for more than 10 years

    under license of PEARSON Education Limited since 2003. The number of our student

    is increasing continuously. Nowadays, the company has more than 2 million students

    registered to study with.

    Wall Street English has the unique English learning method designed

    to encompass your language learning success called MULTIMETHOD®. Wall Street

    English’s MULTIMETHOD® has been certified by the United Kingdom, Cambridge

    University, and conducted the effective step-by-step learning that will exceed your

    expectation. MULTIMETHOD® is suitable perfect for both beginners and advanced

    learners who wish to develop their English skills to the next level.

    Wall Street English’s MULTIMETHOD® consists with 5 main

    learning steps. The detail of each step will be explained in the table below.

    Table 3.3Wall Street English’s MULTIMETHOD®

    Step Lesson Detail

    Interactive Lessons Students will start with an Interactive Lesson, which

    teaches new vocabulary, grammar and idioms through

    dramatized real-life situations. Students can develop your

    speaking skills through repeating, listening and reading

    the new language learned. These lessons also have

    periodic checkpoints where each student can confirm

    what he/she has learned.

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    Student Manuals Once students complete their Interactive Lessons, they

    will move on to learning exercises in Wall Street English’s

    Digital Books. They will have to complete different types

    of exercises based on the vocabulary you are learning in

    their lesson. Each of them can get feedback from their

    teachers and get additional practice in the area where they

    need more help.

    Encounter This step is where the essential of the MULTIMETHOD

    placed. It will be used with a small class size. The small

    class at Wall Street English consists of no more than 4

    students who are exactly at the same level as each others

    in order to inspire and encourage each student to speak

    English with a native English speaking teacher under a

    relaxing atmosphere.

    Social Club Area The learning club that makes student learning through fun

    and engaging activities under the guidance of a native

    English speaking teacher.

    Complimentary The class that simulate real life situation for students to

    practice English communication skills effectively.

    Helping each of them to get used to speaking English in

    their daily lives.

    However, many students have complained about the overpricing of its

    courses over Pantip web board and social media. Even though Wall Street English

    provides a placement test for a new student to check their English level, the cost for

    overall lessons each student should take in order to improve their English to the next

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    level was considered as too expensive. Many people change their decision of studying

    with Wall Street English after they know they amount of money they have to pay.

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    Figure 3.8 The comparison between Globish Academia and its competitors

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    CHAPTER 4

    BUSINESS ENVIRONMENT AND COMPANY ANALYSIS

    4.1 Company SWOT Analysis

    4.1.1 Strength

    The company offers a cost-effective tuition fee when people

    compared with other online English school in Thailand

    The company is highly reliable as it guaranteed by FORBE

    Thailand, BBC, and “Seu Tid Peek” (Tiger with a wing) show, where

    Globish Academia is the first tiger in the show.

    The company has good connection with recruiting agencies, in

    other word, the company will have bigger pool and better chance to

    acquire qualified tutors.

    The company available 24/7, where it is convenient for students

    to pick the most suitable time for themselves and those who have

    different living lifestyle from others like doctor, night shift engineer,

    or freelance, can choose the most suitable time for themselves.

    It has in-house engineer with their own technology and stable

    server supported almost all area in Thailand.

    4.1.2 Weakness

    The reliability and trustworthy of native coaches are another

    weakness factor for Globish Academia due to most of Globish

    Academia’s teachers are Philippines and Eastern European nations

    whereas American native coaches have higher based salary.

    The ambiguous of course outline

    Course content mismatches with student’s need due to some of

    them prefer the customized course for specific development skill.

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    In some circumstance, the demand and supply of both students

    and coaches are more likely to unmatched with each other.

    4.1.3 Opportunity

    Since AEC start and Thai learners are still categorized in the

    group of “very low proficiency’’ in English language. The big gap of

    the English skills improvement should be bridged as soon as

    possible for Thais to be able to compete with other learners who

    come from different member countries and has higher English

    proficiency.

    The based income of Thai people has increased over time, so

    they have higher purchasing power to buy products and services.

    Thais become familiar with advanced technology devices along

    with the use of the internet.

    4.1.4 Threat

    There are increasing number of the major competitors in online

    English Institution along with the similar product offer that could

    cause the high competitive among each other.

    Most of Thai people still lake of information upon the online

    English courses.

    Online English Institution has less reliability comparison to

    offline English Institution.

    4.2 BUSINESS MODEL ANALYSIS

    4.2.1 Customer Segment

    For the customer segmentation, it can be analyzed that male/female at

    the age of 23 to 27 are customer segment. Further, company analyzed customer behavior

    from approximately 110 students, it was shown that the average age of customer based

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    are at minimum of 18 to the maximum of 42, in which two-third of them was female

    and the rest was male. Nearly two-fifth of overall student was the

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    female ages between 23 to 27, which were considered as the highest group among

    others. While the highest number of the male students are consisted of two age groups

    which are 18 to 22 and 23 to 27 and each group carried approximately 27 percent.

    4.2.2 Revenue Streams

    Previously, Globish Academia has received the tuition fees from two

    main groups of customer. Five percent come from B2B while another 95 percent come

    from B2C. However, for now, the company want to change the revenue streams to Win-

    Win Strategy by being a co-partner with bookstores such as Se-ed Book Center,

    Asiabook, and Kinokuniya. These bookstores will give discount for Globish students.

    Another services is being a consultants on preparing Letter of Recommendation for

    applying jobs.

    4.2.3 Channels

    Previously, Globish Academia had only one channel to interact with

    customers and raise the sale. The company used to sell an online English course via

    telesale. After the Globish staffs had tried to be a student of online English school,

    they had observed that there is no following up and repeat call after one it had been

    done. Therefore, the company would like to shift from only telesale to other sale

    strategies as it is another way to increase the communication channels to customers .

    The company emphasize on follow up and repeat call processes for better customer

    satisfactions. Globish Academia has launched the promotion called “Duet Set” which

    the course price for two people will cost less than normal offer . The company also

    want to build a strong brand awareness through social media such as Instagram,

    Facebook, and Line@. In order to promote Globish Academia, the contents have to be

    interesting to attract customers attention . Short video is provided on the website in

    order to introduce the company coaches and 10 minutes free trial of online English

    course is also offered by the company. So, the customers can make their decisions

    whether they want to join Globish Academia or not.

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    4.2.4 Customer Relationships

    For the customer service, Globish Academia provided the 7 days 24

    hours as advisory call center service in both of technical and courses consulting.

    However, company has perceived that they need to improve the customer relationship

    as a way gain the customer royalty from current clients. Therefore, “Travel like Local”

    is the Globish Academia’s strategy by encouraged clients who just finish all courses to

    take the one-day trip at tourist attraction. The aim of this activity would like to support

    the real interaction between students and foreigner such as real-life conversation in

    English language to finalize improve their communication skills and vocabulary.

    4.2.5 Key Activities

    Globish Academia conducted the one by one online English program

    whereas students will get supported from qualified coaches. In order to attract new

    customers in global market, company would like to apply the “customized course” that

    they want to reach the goal as the provider of business English. Globish Academia will

    act as a one-stop service for business English that provides knowledges of both English

    language and business contents for its customers. The company believes that each

    customer has hidden talents with business english, so the company want to help each

    of them to empower and develop their talents beyond what they thought they capable

    of. Globish Academia will provide the shortest video that promote on the customized

    course for future clients as another channel to support their decision.

    4.2.6 Key Resources

    Previously, the key resources of Globish Academia come from

    Philipines and Easterns European nations. The company has encouraged with One by

    One program in which specialized coach would give the guidance directly to students

    in every classes. In addition, company supported fast and prehensive internet network

    that covered almost area in Thailand. Further, Globish Academia has tried to improve

    their courses and its resource by hiring more American native coaches as a way to

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    support the Globish Premium courses in which students can study English on speaking

    skills and vocabulary with native speakers. To be more precise, company offers the

    “offline Application” that provide the necessary English contents for student to learn

    when they are offline. This can help them to prepare the learning content before taking

    an online course with Globish Academia.

    4.2.7 Cost Structure

    Currently, Globish Academia has to carry the fix cost while operating

    digital English online. Maintenance cost, coaches and staff salaries, advertising cost,

    commision fees for telesale, and operation cost are the major fix cost of the company.

    After company has been partnered with well known book store in Thailand, there will

    be additional cost of operation in terms of gift voucher that offers for new clients who

    decide to study online English institution at Globish.

    4.2.8 Key Partners

    Globish Academia has three main partners that help each other to

    provide the effective and efficiency digital English learning. Those are programmer and

    system administrator, providing coach agency, and advertising sale agencies. However,

    to enhance the organization level, Globish would like to be partner in the section of

    well known book stores and media education company. By doing this, students of

    Globish will get the discount or voucher in which they can later purchase education

    books in bookstore who has been partnered with Globish Academia such as Se-ed Book

    Center, Asiabook, and Kinokuniya. The overall partnership aim to support each others

    in the implementation, development, and distribution of Globish Academia.

    4.3 Board Insight on Business Environment

    Digital English learning in Thailand is very new with data underload.

    Therefore, to seek a better understanding of market environment, the company defined

    its market into several key stakeholders to learn from which are IPO

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    companies that perform the similarity as Globish Academia, 2017 venture capital trend,

    market size, and competitor analysis.

    IPO companies share similarities in selling to consumer market, high

    revenue growth with low profit margin, target one specific market which mostly are

    kids, focus in human experience over technological feature, process tele-selling with 6

    to 9 months friendly monthly package plan are still not successful in international

    expansion.

    2017 venture capital trend has been very dried up. Seed funding is scared

    and mostly are funded by 500 Tuktuk and Dtac accelerate. Most investors are corporate

    venturing and angel rather VC. Trend of generic type funding such as Telco (ecommerce

    and sale engines) and Bank (fintech) are moving to diverse type funding such as

    Property, Technology, and Construction. Everyone are not excited with users number

    in innovative ideas, rather looking for survived start-up with reasonable traction,

    pricing, and scaling model.

    EdTech around the world has a very slow growth rate, but constant. Every

    brand has multiple products around their key focus. Video lesson on demand, tutoring

    platform, and game to learn English and coding are the most common. The five years

    annual compound growth rate of English digital learning in Asia is around 4.5% and 22%

    in Thailand. The company have market size of 30 million US dollar, equivalent to

    740,000 learners with around 10,000 baht spending per head. Thai English market is

    very fragmented and over 80% still relies on small brands.

    Wall Street English and British Council are making their course more

    affordable and personalize. Topica Native has shifted its focus to long-term

    sustainability by focusing on product quality toward breaking even. They re-engineering

    their back-office information management, created TV promotion for long-term

    credibility and replacing Vietnam with Thai management. Engoo targeted lower market

    reflecting from their reward & pricing promotion and campaign using motorcycle

    drivers and housemates as key audiences. They remain their focus on

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    branding rather marketing by partnering with Woody Talk Show. Their branding and

    creativity is impressively constant by having well-known comedian learning weekly

    and audience observe the improvement. Engoo offered business solution with selling

    point of lowest practice course and most convenient products for employees.

    In conclusion, Wallstreet and British Council are the company’s future

    market when market adopt online learning more and when Globish Academia’s

    premium native coaches are ready. Topica Native will be more threatening from less

    marketing budget with better service and localization. Unlike Topica Native and Engoo

    market are sophisticated user that seek practicing and corporate that seek low-cost

    solution. If Engoo has big marketing spending, which they usually perform, they will

    be the highest thread for Globish Academia in middle to long term.

    4.4 Board Insight on Internal Performance

    Globish Academia is unable to close more than 10 percent of corporate

    inbound calls and 0 percent in outbound calls. The company believes that learners did

    try enough to believe that it is about product-fit problem rather sale problem. Globish

    Academia has changed four managers and that was a mistake, and Globish Academia

    kept trying with new people but not new way. Insights the company received are

    management do not use trial class we gave, price per head is too high compare to the

    alternatives, completion among employees are low, and do not have clear ROI for

    manager.

    Globish Academia managed to solve product problem very effectively, but

    the result of learning is not being emphasized in student journey. The completion,

    technical error, complaint, and retention have been constantly improving. The company

    communicate more often to the coach, monitoring more, add scoring and workbook

    features for students, remind students for the class, and service them in middle of the

    night. The company solved problem well, but it is far to perform as

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    school. Feedback from students that the company have gotten the most is “how do I

    know if I’m making progress?” and the company never give same answers. System in

    developing student is still behind system in making class convenient. There is no clear

    evidence if this is a problem, but the company know Globish still figuring out to claim

    its promise with evidence.

    Team grew from 5 people to 25 in a year with no major conflict or

    unexpected human resource problem. Working culture and alignment have been the

    strength. Shifting from gut feeling to data centric decision making has been smooth.

    Lacking of engineer is solved. The company is a little over-resourced but is ready for

    scaling and cost is manageable. Middle management has been built with clear

    ownership in functional performance. Team energy, potential, and alignment is the

    strength of Globish at least for another year or two.

    Major feedback Globish Academia gets from potential investors are team

    and sales are strong, but competitive edge and business model are weak. The company

    does agree with the statement. Globish also foresees to IPO (Initial Public Offering) the

    company by 2021, investor expect Globish will have better gross profit margin since

    currently the company has only 35%. We need net profit of at least 20 million THB by

    2020, which the gross margin should be around 50% with the constants revenue growth.

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    CHAPTER 5

    REFINED SCALING STRATEGY

    From the environment and company analysis, there are tremendous

    opportunities that Globish could pursue. As Globish is in the stage of transitioning from

    a start-up to a corporate, these are the priorities of the executive management; revenue

    growth, advancement in technology, and sustainable development program. The growth

    of revenue will prevent Globish from future competitors and secure more funding for

    rapid growth. Advancement in technology allow Globish to have better net margin with

    less human capital and raise higher price. Sustainable development program will affect

    in employer and customers’ retention and branding for long-term. These 3 are crucial in

    scaling and is are core value toward the refinded scaling strategy using TOWS analysis.

    5.1 TOWS Analysis

    Table 5.1 TOWS Analysis

    Opportunities:

    1. AEC labor market

    2. Income Increase

    3. Internet usage

    Threats:

    1. Global Competitors

    2. Low Awareness

    3. Trust in Online Class

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    Strength:

    1. Cost-Effective

    2. Credible Brand

    3. In-house Recruiter

    4. Convenient

    5. In-house Technology

    Platform Development

    Strategy

    (S5, O2)

    Social Impact

    Strategy

    (S4, T1)

    Weakness:

    1. Teacher Image

    2. Weak Course Outline

    3. Not Customize

    4. Demand & Supply

    Product and Market

    Development Strategy

    (W3, O1)

    Product and Market

    Development Strategy

    (W2, T2)

    5.2 Product & Market Development Strategy

    Globish Academia already has an ideal stage in the future, the company

    want to reach the goal as the provider of business English. According to Ambient Insight

    Premium Report, the high demand for specialized forms of English is one of the major

    accelerators that drive the global digital English learning market (Adkins, 2014).

    Globish Academia will be one-stop service for business English, the company will

    provide knowledges of both English language and business contents for its customers.

    Globish Academia believes that each customer has hidden talents with business english,

    so the company want to help each of them to empower and develop their talents beyond

    what they thought they capable of. By this, Globish Academia will deliver services,

    solutions, and products which can eliminate cultural and language barriers to give

    learners the ability to thrive in the current competitive world.

    Since Globish Academia understands that each career acquire particular

    knowledges and specific requirements in certain area, therefore the company also

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    want to provide even more customized course by offering five key business areas for

    customers to choose which one they are in. Consequently, customers will be able to

    learn certain insight business ideas along with improving their English skills. The major

    five business industries that will be include are IT Service and Consulting, Hospitality,

    Financial Services, Transportation & Logistics, and Additional Industries. The benefits

    of a business English investment in each industry is demonstrated in the table below.

    Table 5.2 Ideal Stage of cuztomize industries

    Industries Benefits of a Business English Investment

    IT Service and Consulting ● Evident ROI (Return On Investion) from rising

    business English skills

    ● Higher quality of project results and client

    engagement

    ● Flexible learning solution and internationally

    deployable

    ● Optimize the learning based on the learning plan

    and standard benchmarking

    ● Raise responsiveness to client requirements

    Hospitality ● Increase employees’s productivity due to the

    insight education

    ● Increase the confidence of speaking English with

    others co-learners and guests

    ● Enhance workplace productivity and

    responsiveness

    ● Enable to provide the better customer service plus

    performance inprovement

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    Financial Services ● Employees are enable to use the insight

    business vocabulary, understandable and

    constructable sentences.

    ● Confidence communicating English upon

    the job they responded.

    ● Speaking English more fluently and

    accurately.

    ● Corrected email templates and culture

    notes.

    Transportation and Logistics ● Improved employee productivity

    ● More effective customer service

    ● The development of better leaders

    ● More efficient and effective global

    collaboration

    ● Able to capture and develop the

    opportunities from unstable landscape

    Additional Industries

    Energy & Utilities Gives learners the chance to develop essential

    business skills from the company partners

    Healthcare/Life Sciences ● Able to cut some costs and gain higher

    return

    ● Closing the gap for Business English

    ● Capturing private skills measurement

    dashboard

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    Manufacturing ● Utilized a common business language

    ● Better communication among co-learners

    during the operation processes.

    Consumer Products and Retail ● Able to deliver the excellence business

    skills upon customer services

    Engineering & Construction ● Creating culture and embrancing

    technology for comfortable using

    technology

    ● Removing cultural and language barriers

    Outsource Service Industries ● Faster placement of new hires into role

    ● Better ROI for employers

    ● Improve workforce communication ability

    In the near future, Globish Academia want to serve two main types of

    customer which are individual and organization level. Each customer level has different

    needs of improvement. Therefore, the course will be customized accordingly to the area

    that an improvement has to be take place. For individual level, Globish Academia will

    offer the customized courses based on what customer need to develop. It could be vary

    from certain event to others like job interviews, hiring screening tests, refine accent,

    raise Business English proficiency, and get ready for conferences or meetings.

    Individuals will be placed with an effective program customized to their current English

    proficiency level. The company will also customize the courses by including the

    customer’s career knowledges. As a result, customers can gain both English skills and

    specific business knowledges at the same time.

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    For organization level, Globish Academia want to be considered as the

    leading supplier of Business English learning solutions for global organizations. The

    company aims to partner with leading companies across the world in the section of

    English as a second language publishing, education, technology and global business.

    The overall partnerships object to support each others in the implementation,

    development, and distribution of Globish Academia’s solutions. The company want to

    serve worldwide corporations and consider them as a trusted learning partner not

    customers. The company also believe that every learners and customers is unique,

    therefore, Globish Academia will help organizations to leverage their learning and get

    better business outcomes.

    For the company that willing to acquire and develop global talent, the

    business must relies on the right people to deliver value. Globish Academia will come

    up with three program components which are Screen Candidates at Scale, Attract and

    Retain Overseas Talent, and Build a World-Class Talent Bench. Those programs are

    designed to develop the organization talents for the better outcomes.

    On the other hand, the companies that want to improve the efficiency of

    their business operations. Low quality performance, wasteful processes, and slow

    reaction time have to be cut or minimized from the operations. Drive Global

    Collaboration, Improve Customer Service, and Increase Productivity will be the three

    important support programs that have been placed to eliminate those constraints.

    Globish Academia will develop digital platform for Business English

    learning solutions. It will offers both standard and professional platform for customers

    to choose which one is more suitable for them. The standard type will encourage self-

    paced with dashboard tracking. The program will support about eleven different levels

    of multimedia self-learning tools which provides the engaging content for users at all

    stages of the learning process. The self-paced language learning includes all core

    elements that essential for Business English learning in which it is illustrate in table

    below.

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    Table 5.3 Standard Course

    Core Elements (Standard) Contents (Standard)

    Business Content Customers can directly access through the range of

    self-paced learning program that suitable for their

    level skills. Most of learning activities will be

    engaged in multimedia content from Globish

    Academia’s partners such as Financial Times. It

    supports customers to develop their relevant business

    skills, further extend their knowledge of global

    situations.

    Communication Skills Create communication activities for learners in all

    levels as they practice and improve their

    communication skills such as reading, listening,

    writing, and speaking proficiency in Business

    English.

    Productivity Tools The standard type provides easy-to-use tools like

    email templates and cultural briefings. These tools

    help the company to deliver value when needed to

    boost up the level of productivity.

    Program Management Dashboard gives program management and real-time

    reporting. By this, administrators can track each user

    on his or her usage, then analyze learner progress in

    which it will help to optimize programs and evaluate

    ROI.

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    While The Professional type will further extends from what the standard

    has by adding the support from personal advisors and virtual classroom training. The

    professional type will also include the feature “Talk with Teachers” and “Writing

    Practice” feedback programs. The researches have been done and show the advantages

    of this upcoming digital platform. Self-paced programs deliver a great experience for all

    learning levels. Multimedia content and gamification tools that the company adapts to

    use boost drive and engagement participation. Increased skills levels have been

    calculated to save employees 2.5 hours per week,and over 51,000 hours per year. The

    professional type will cover all core elements of the full-featured Professional solutions.

    Table 5.4 Professional Course

    Core Elements (Professional) Contents (Professional)

    Business Content Customers can directly access through the range of

    self-paced learning program that suitable for their

    level skills. Most of learning activities will be

    engaged in multimedia content from Globish

    Academia’s partners such as Financial Times. It

    supports customers to develop their relevant

    business skills, further extend their knowledge of

    global situations.

    Communication Skills Create communication activities for learners in all

    levels as they practice and improve their

    communication skills such as reading, listening,

    writing, and speaking proficiency in Business

    English.

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    Productivity Tools The standard type provides easy-to-use tools like

    email templates and cultural briefings. These tools

    help the company to deliver value when needed to

    boost up the level of productivity.

    On-Demand Learning The program offers ways to practice Business

    English by providing feedback from teacher in a

    virtual classroom also supports with spelling

    corrections and style of writing assignment.

    Advice and Encouragement Globish advisor offers the support of an involved

    personal advisor with insight knowledge of the One

    platform and expertise in the latest motivational

    techniques to keep every learner’s progress on track.

    Program Management Dashboard gives program management and real-

    time reporting. By this, administrators can track

    each user on his or her usage, then analyze learner

    progress in which it will help to optimize programs.

    The Customer Success team will cooperate with

    customer to find the suitable key performance

    indicators.

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    Apart from the professional and standard, Globish Academia also want to

    provides additionally services for customers who are looking for specific areas of

    improvement.

    5.2.1 Assessment

    Assessment will be a tool that provides accurate, reliable, and fast

    evaluation. The assessment can access easily through the online dashboard on the

    Globish Academia’s website. Each assessment session can take from 15 to 60 minutes,

    it depend on which test is most appropriate for the clients level. Assessment offers the

    ideal pre-screening instrument for international recruitment, with the capability to

    measure applicants in different locations against the same job requirements. The

    assessment also indicates individual progress and requirements as it is part of a Business

    English learning program

    5.2.2 Coach

    Globish Academia Coach will reinforce the self-paced learning

    platform along with personalize coach to help learners speed up on developing their

    business performance, making the ideal of managers, and coming up with potential

    talent for a new business role. Coach will integrate into Globish Academia platform in

    order to give the preparation, followed by activities, and feedback provide after finish

    the session.

    5.2.3 Exacutive Coach

    For the Executive Coach, company will provides the one-to-one

    virtual coaching in which it is designed to help senior executives excel in global

    leadership positions. Highly qualified coaches will work with executives to speed up

    their learning by focusing on specific needs such as leadership skills, keynote speech,

    and conducted the board meeting. In addition, there are flexible schedule management

    along with customized session between coaches and learner.

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    5.2.4 Virtual Group

    Globish Academia Virtual Group will bring learners from different

    places in a virtual classroom as a way to assist them extend their business knowledges

    and English skills through the group sharing experiences. Further, the group will be

    coached by qualified teachers by helping clients to improve their conversation skills

    along with build up their confidence. With the professional discussions, clients will have

    to exchange their relevant business topics upon the negotiate with clients and colleagues

    management.

    5.2.5 Focus

    Globish Academia Focus will offers intensive ten-week courses that

    helps clients quickly develop their Business English proficiency in particular area

    such as workplace scenario and specific task that they get from workplace. This

    program will be combined self-learning digital activities along with the live online

    interactive with expert coaches to give guidance, feedback, assessment and

    knowledge tests on business skills.

    5.2.6 Dashboard

    Globish Academia Dashboard will give complete control over the

    entire Globish program. It allows administrators to access the information they need.

    For example, administrators need to track each customer progress, so they can decide

    which specific learning program is the most suitable for that certain customer in order

    to achieve business goals and optimize upcoming activities. Dashboard can help to

    activate learning leaders to respond to personal preferences, performance tracking data,

    and develop business objectives.

    All in all, Globish Academia plans to position itself as one-stop

    Business English institution in the near future. The expanding product and service plans

    are put in line for research and development. Furthermore, Globish Academia try to

    improve the products and services to be more customized in order to gain customer

    satisfactions in terms of individualized course and organization scale.

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    5.3 Platform Development Strategy

    Globish has established White House Assessment as a subsidiary company

    in order to fill the mentioned gap among the diversity of working environment. White

    House Assessment was established in 2017 aiming to be one-stop English assessment

    and advisory service for all English speaking learners. The standout features of this

    subsidiary are the artificial intelligence (AI), ESL staffs (English as a secondary

    language) and the CEFR coaches.

    White House Assessment has developed the system called Artificial

    Intelligence or what people known as AI with compu


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